Domestic benchmark indices extended their rally Monday with the BSE Sensex climbing 1,300 points, while Nifty touched 11,800 mark as several exit poll results showed a likely win for the ruling NDA in the general elections.
The 30-share index was trading 1,341 points or 3.54 per cent, higher at 39,271.77.
In similar movement, the broader NSE Nifty soared 393.95 points, or 3.45 per cent, to 11,801.10.
Top gainers in the Sensex pack include SBI, Yes Bank, Tata Motors, L&T, ICICI Bank, IndusInd Bank, ONGC, Maruti, M&M, Axis Bank, RIL, Hero MotoCorp, HDFC, Vedanta, Asian Paints, Tata Steel and Bajaj Finance, rising over 7 per cent.
On the other hand, Bajaj Auto and Infosys slipped up to 1 per cent.
Meanwhile, market regulator Sebi and stock exchanges have beefed up their surveillance mechanism to check any manipulative activities in the market this week in view of the high-octane election-related events lined up.
On the currency front, the rupee appreciated by 69 paise to 69.53 against the US dollar.
Brent crude, the global benchmark, was trading at 72.62 per barrel, higher by 0.57 per cent.